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May 9, 2008

House approves help to troubled borrowers

Washington

The House approved two housing measures Thursday including a major rescue bill that would establish a $300 billion fund for mortgage insurance. Read this story

Pew project pushes account standards for underserved

CU/System

A new project aimed at helping U.S. workers who are underserved by mainstream financial institutions was announced Wednesday by The Pew Charitable Trusts. Read this story

HSA hearing coming

Washington

Rep. Pete Stark (D-Calif), chairman of a House Ways and Means subcommittee on health, has scheduled a hearing on Health Savings Accounts (HSAs) and high-deductible health plans (HDHPs). Read this story

Governor to Ohio CUs: Keep making a difference

CU/System

Ohio's credit unions provide vital financial services and help to millions of Ohioans to realize their dreams of home ownership, maintain a healthy family and sustain a sound budget, said Ohio Gov. Ted Strickland. Read this story

NCBA: Celebrate co-op principles as a business advantage

CU/System

Credit unions need to celebrate their cooperative principles, which represent a significant business opportunity in a world in which people are yearning for something with which to connect, said Paul Hazen, president/CEO, National Cooperative Business Association, at the Ohio Credit Union System ZENITH08 conference. Read this story

H&FF Radio guest puts subprime shakeout in perspective

Consumer

Getting a handle on the subprime mortgage crisis isn't easy, but the bottom line is that millions of families are at risk of losing--or already have lost--their homes. One of the guests on this Sunday's H&FF Radio show helps put the problem in perspective. Read this story

Copyright © 2008 - Credit Union National Association, Inc.